Trade Positions Management

To gain profits on financial markets, one has to follow a simple rule: buy lower and sell higher. Thus, the entire work on financial markets represents a chain of trade operations of buying and selling securities. For this, one will have to open, modify and close trade positions. Trade position is a market obligation, the amount of bought or sold contracts, for which no offset trades were made. The entire trading in the terminal is organized using trade positions.

Mobile terminal opens up a wide range of opportunities to manage trade positions. The trader sends requests (orders), but opening and closing of positions are performed by a brokerage company. Trade positions management consits in:

• position opening — buying or selling of a security as a result of execution of a market or pending order;

• position modifying — changing of levels in Stop Loss and Take Profit related to the open position;

• placing of pending orders — placing pending orders, such as Buy Limit, Buy Stop, Sell Limit or Sell Stop;

• modifying and deletion of pending orders — modifying and deletion of those pending orders that have not triggered;

• position closing — buying or selling the security for the available position in order to close it.